When begin talking to lender about getting preapproved, you’re going to go through tons of emotions including the ultimate deciding factor whether you should buy a home or stay put. Here are … [Read More…]
The credit score it takes to get a mortgage
To buy a house you need to have at least a good credit score, provable income that supports your ability to repay the mortgage as well as sufficient reserves and a to … [Read More…]
What you need to know about private mortgage insurance
If you’re purchasing or refinancing a house with less than 20% Equity. You’re going to be subject to having PMI. Here’s what you need to know regarding private mortgage insurance with regards … [Read More…]
How a recast mortgage will benefit you as a consumer
Deciding which mortgage company to handle your financing can often be a tedious process requiring hours of time, comparing various rates, fees, terms experience and quality of the person that you’re working … [Read More…]
How you skip a payment when you refinance
Refinancing your house is a big decision and requires careful consideration of the mortgage loan program, interest rate, fees and more importantly the longer-term financial goals. Here’s what really happens when you … [Read More…]
Did you know the credit score you need to get a mortgage is less than 600?
The credit score to get a mortgage to buy a house is a lot less than you think. Here’s what the magic credit score is and what options you have available if … [Read More…]
2 things to watch for buying a house in 2018
This local county housing market continues to evolve and show strong signs of growth and appreciation. Here is what you need to know if you are going to be buying a house … [Read More…]
How the new tax plan may affect Sonoma County home buyers
On December 22, 2017 president trump signed into law the new tax plan changing the tax deduction of home ownership. Here’s what this means for you and your home buying efforts in … [Read More…]
Will a low down loan help you buy a home?
Low down-payment loans have been around much longer than most people realize. 2008 was the re-emergence of the FHA, only requiring 3.5% down. Today loans backed by the government requiring even less … [Read More…]
Why harp refinances are dwindling
One of the financial programs aimed at homeowners wishing to refinance in the economic downturn was Making Homes Affordable Harp 2. The program to this day allows people to refinance even if … [Read More…]
